The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
Australia Inflation Cools in Q4, Opens Door to Rate Cut
SYDNEY (Reuters) -Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a ...
One chart shows that low-income Americans get hit hardest by inflation
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
Real World Economics: Understanding inflation will lead to trust in economic policies
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
Americans' Paychecks Are Worth Less Because of Inflation—Here's How Much
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
US Labor Costs Rise From Year Earlier by Least Since 2021
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...